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Companhia Paranaense de Energia Pfd
(NYSE:ELP)
Companhia Paranaense de Energia Pfd (ELP) vs. SPDR S&P 500 ETF (SPY)
Companhia Paranaense de Energia Pfd Business Overview & Revenue Model
Companhia Paranaense de Energia Pfd Earnings Call Summary
Companhia Paranaense de Energia Pfd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.95B | 22.65B | 21.48B | 20.54B | 23.98B | 18.63B |
| Gross Profit | 4.33B | 4.07B | 4.05B | 3.93B | 4.86B | 5.29B |
| EBITDA | 5.70B | 5.17B | 4.69B | 3.64B | 6.11B | 5.02B |
| Net Income | 2.21B | 2.81B | 2.26B | 1.11B | 4.95B | 3.90B |
Balance Sheet | ||||||
| Total Assets | 62.05B | 57.38B | 55.82B | 49.70B | 49.54B | 46.78B |
| Cash, Cash Equivalents and Short-Term Investments | 3.97B | 4.16B | 5.65B | 2.68B | 3.87B | 3.22B |
| Total Debt | 21.24B | 17.57B | 15.23B | 12.73B | 12.04B | 10.08B |
| Total Liabilities | 36.10B | 31.75B | 31.63B | 28.57B | 27.36B | 26.53B |
| Stockholders Equity | 25.99B | 25.67B | 23.89B | 20.82B | 21.84B | 19.96B |
Cash Flow | ||||||
| Free Cash Flow | -997.72M | 603.96M | 3.30B | 681.71M | 564.97M | 720.12M |
| Operating Cash Flow | 3.26B | 629.49M | 3.52B | 755.67M | 627.64M | 764.00M |
| Investing Cash Flow | -7.38B | -1.06B | -3.14B | -537.32M | 5.91M | -323.29M |
| Financing Cash Flow | 359.76M | 149.11M | 2.70B | -372.16M | -534.53M | -332.50M |
Companhia Paranaense de Energia Pfd Technical Analysis
Companhia Paranaense de Energia Pfd Risk Analysis
Companhia Paranaense de Energia Pfd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $7.86B | 19.70 | 8.00% | 5.12% | 1.96% | -35.00% | |
75 Outperform | $7.64B | 14.57 | 8.00% | 5.18% | 1.96% | -35.00% | |
70 Outperform | $6.63B | 8.49 | 13.35% | 12.30% | -0.38% | -53.94% | |
69 Neutral | $16.45B | 55.87 | 6.28% | 4.72% | 8.14% | ― | |
68 Neutral | $3.93B | 23.68 | 5.83% | 4.28% | -4.30% | -8.49% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
59 Neutral | $9.96B | 8.52 | 23.02% | 5.04% | -1.55% | 12.83% |
Companhia Paranaense de Energia Pfd Corporate Events
On November 19, 2025, Companhia Paranaense de Energia (COPEL) announced its operational efficiency and investment targets during Copel Day 2025. These targets, which are detailed in the company’s presentation, are not guarantees but reflect COPEL’s strategic focus amidst economic and regulatory uncertainties. This announcement highlights COPEL’s commitment to enhancing its market position and operational capabilities, potentially impacting stakeholders by aligning with the company’s strategic and operational decisions.
On November 18, 2025, COPEL’s Board of Directors approved a proposal for distributing earnings as Interest on Equity (IOE) amounting to R$1.1 billion, based on the first half of 2025 results. This decision, aligned with the company’s migration to the Novo Mercado, will see payments made in early 2026. Additionally, the Board approved a comprehensive business and investment budget for 2026-2030, with a significant annual investment of R$3 billion for 2026, reflecting COPEL’s strategic focus on growth and financial stability.
On November 18, 2025, COPEL’s Board of Directors approved a significant investment program of R$ 17.8 billion for 2026-2030. This strategic allocation is aimed at strengthening service quality and expanding operational efficiency. For 2026, approximately R$ 3.0 billion will be invested, with Copel Distribuição focusing on quality improvements and Copel Geração e Transmissão enhancing generation capacity and transmission lines. This investment reflects COPEL’s commitment to sustainable growth and value generation for stakeholders.
On November 18, 2025, COPEL announced that its Board of Directors approved the distribution of interest on equity (IoE) amounting to R$ 1.1 billion, based on the net income for the fiscal year as of June 30, 2025. This distribution aligns with the company’s recent migration to the Novo Mercado of B3, which involves a new shareholding structure composed exclusively of common shares, except for special class preferred shares held by the State of Paraná. The IoE will be paid on January 19, 2026, with the record date set for December 30, 2025, and an ex-dividend date of January 2, 2026. The announcement may impact shareholders, particularly those with preferred shares, as the value per share could be adjusted based on the exercise of withdrawal rights.
On November 18, 2025, COPEL announced that its Board of Directors approved the payment of R$ 1.1 billion in interest on equity, based on the net income for the fiscal year calculated as of June 30, 2025. This payment will be distributed on January 19, 2026, with the record date set for December 30, 2025, and shares trading ex-dividend from January 2, 2026. The decision to pay interest on equity at the beginning of the subsequent fiscal year is due to the company’s migration to the Novo Mercado, highlighting a strategic shift in its financial operations.
On November 17, 2025, Companhia Paranaense de Energia (COPEL) filed a report as a foreign private issuer with the Securities and Exchange Commission. This filing, pursuant to the Securities Exchange Act of 1934, was signed by CEO Daniel Pimentel Slaviero. The report may contain forward-looking statements reflecting management’s current views on future economic circumstances, industry conditions, and company performance, highlighting potential risks and uncertainties.
On November 17, 2025, Companhia Paranaense de Energia (Copel) announced the approval of a significant change in its shareholding structure, marking a decisive step towards its listing on the Novo Mercado of the Brazilian stock exchange. This transition involves the conversion of all preferred shares into new common and class ‘C’ preferred shares, a move ratified at a special meeting of preferred shareholders. The agreement for participation in the Novo Mercado was signed on November 5, 2025, and is contingent upon the completion of this conversion and the redemption of all class ‘C’ preferred shares. This strategic shift is expected to enhance Copel’s corporate governance and transparency, aligning with best practices and benefiting its stakeholders.
On November 2025, Companhia Paranaense de Energia held a special meeting where preferred shareholders approved the mandatory conversion of all preferred shares into common and class ‘C’ preferred shares. This move is part of COPEL’s strategy to migrate to the Novo Mercado segment of B3, aiming to enhance its shareholding structure. Dissenting shareholders who did not agree with the conversion have the right to withdraw and will be reimbursed based on the book value of their shares. The conversion and subsequent redemption of class ‘C’ preferred shares are scheduled for December 19, 2025, marking a significant restructuring phase for the company.
On November 17, 2025, Companhia Paranaense de Energia (COPEL) held a special digital meeting for shareholders holding preferred shares. The meeting resulted in the approval of the mandatory conversion of all preferred shares into common shares and class ‘C’ preferred shares, which are compulsorily redeemable. The conversion was ratified with a significant majority, and shareholders who did not approve the conversion have the right to withdraw from the company. This strategic move aims to streamline the company’s share structure and potentially enhance its market position.
On November 13, 2025, COPEL announced a correction regarding a previously reported material shareholding position by Invesco Ltd. An oversight in Invesco’s equity holdings led to inaccurate information being disclosed on November 12, 2025, which COPEL has now rectified, rendering the prior notice null and void.
On November 13, 2025, Companhia Paranaense de Energia (COPEL) filed a report with the Securities and Exchange Commission, signed by CEO Daniel Pimentel Slaviero. The filing is part of COPEL’s compliance with the Securities Exchange Act of 1934, indicating ongoing regulatory adherence. The report underscores COPEL’s commitment to transparency and regulatory compliance, which is crucial for maintaining investor confidence and operational stability.
On November 12, 2025, Companhia Paranaense de Energia (COPEL) submitted a report to the Securities and Exchange Commission, as required by the Securities Exchange Act of 1934. The report, signed by CEO Daniel Pimentel Slaviero, highlights the company’s compliance with regulatory requirements. While the release includes forward-looking statements, it primarily serves to fulfill legal obligations without detailing specific operational changes or impacts on stakeholders.
On November 4, 2025, Companhia Paranaense de Energia (COPEL) announced the timeline for the unification of its preferred shares, converting all Class ‘B’ preferred shares into Class ‘A’ preferred shares. This process, which follows the approval at the Extraordinary General Meeting on August 22, 2025, is set to complete before the special meeting of preferred shareholders on November 17, 2025. The unification aims to streamline share classes and enhance corporate governance, with implications for shareholders who may exercise withdrawal rights if they dissent from the conversion plan.
On October 31, 2025, Fernando Mano da Silva resigned as the General Director of Copel Geração e Transmissão for personal reasons, with Moacir Carlos Bertol stepping in as his replacement. This change in leadership is aligned with the company’s board and is part of Copel’s ongoing efforts to keep stakeholders informed about significant developments.
On October 22, 2025, Companhia Paranaense de Energia (COPEL) announced the completion of its divestment in the Baixo Iguaçu Hydroelectric Plant to ENERGO-PRO BRASIL HOLDING S.A. The transaction, valued at R$ 1,683.3 million, was executed after meeting all necessary conditions and receiving approvals from relevant authorities. This strategic move underscores COPEL’s efficiency in asset management, enhancing its ability to generate returns for shareholders.
On October 21, 2025, COPEL’s Fiscal Council convened to discuss several key topics, including the company’s financial scenario up to July 2025, the implementation of tax reform measures, and the company’s legal contingencies for the third quarter of 2025. The council reviewed the company’s financial performance, tax reform impacts, and legal liabilities, emphasizing the need for ongoing updates. Additionally, the council approved updates to its internal regulations due to COPEL’s entry into the ‘Novo Mercado’ segment of the B3 stock market and set the meeting calendar for 2026.
On October 15, 2025, COPEL’s Board of Directors approved a financial supplementation to the Capex of its subsidiary, Copel Distribuição S.A., following a detailed presentation of economic and financial assessments. Additionally, the Board approved updates to align with Novo Mercado Regulations, including changes to governance documents and corporate policies, such as merging IT and Cyber Security policies and terminating the Investor Relations Policy. These decisions aim to enhance operational efficiency and regulatory compliance.
In the third quarter of 2025, COPEL reported a 1.7% increase in electricity consumption in its distribution grid market compared to the previous year, driven by lower temperatures and increased economic activity. This growth reflects positively on COPEL’s operational performance, indicating a stable demand in the residential sector and a boost in commercial and industrial segments, which could enhance its market positioning and stakeholder confidence.
On September 24, 2025, Companhia Paranaense de Energia (COPEL) announced that the deadline for dissenting shareholders to exercise their right of withdrawal had passed without any shareholders opting to withdraw. This follows the approval at the Extraordinary General Meeting on August 22, 2025, to equalize the preferences and advantages of class ‘B’ preferred shares with class ‘A’ preferred shares. The lack of dissent suggests shareholder support for the changes, which could impact the company’s financial structure and stakeholder relations.
On August 22, 2025, Companhia Paranaense de Energia (COPEL) held its 212th Extraordinary General Meeting digitally, where significant decisions were made regarding its corporate structure and market positioning. The shareholders approved several key proposals, including the company’s entry into the Novo Mercado segment of the B3 stock market, amendments to the statutory rules for share conversion, and changes to the preferences of preferred shares. These decisions aim to enhance COPEL’s governance, align share classes, and improve its market competitiveness, potentially impacting its stakeholders positively.